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New York startup LedgerX has received approval from the CFTC to trade cryptocurrency derivatives to institutional investors.
The CFTC has issued an Order of Registration to cryptocurrency startup LedgerX granting it status as a Swap Execution Facility.
The parent company of bitcoin options exchange operator LedgerX has raised $11.4m in a Series B funding round.
Thanks to a recent venture capital infusion, bitcoin swaps firm LedgerX is closer to final approval from the CFTC to open for business.
LedgerX has received temporary approval from the US Commodities Futures Trading Commission to act as a swap execution facility.